Cadillac Fairview (CF) has acquired 95% of Lincoln Property Company’s residential division. 5% will go to Mack Pogue and Tim Byrne, the Lincoln Property Company founder and CEO, respectively.
The Toronto-based mall operator owned by the Ontario Teachers’ Pension Plan did not say how much it paid for the stake in the Dallas-based real estate investment and development company. CF manages the global real estate portfolio for Ontario Teachers’ Pension Plan, managing in excess of $40 billion of assets across the Americas, Europe and Asia.
The transition began in 2019, when Cadillac Fairview acquired a 49 per cent interest in Lincoln Property Company.
Lincoln Residential says it has completed more than $1.5 billion in acquisitions and has another $2 billion under development.
The post Dallas-Based Lincoln Residential Bought by Canadian Mall Operator appeared first on Connect CRE.
Cadillac Fairview (CF) has acquired 95% of Lincoln Property Company’s residential division. 5% will go to Mack Pogue and Tim Byrne, the Lincoln Property Company founder and CEO, respectively. The Toronto-based mall operator owned by the Ontario Teachers’ Pension Plan did not say how much it paid for the stake in the Dallas-based real estate …
The post Dallas-Based Lincoln Residential Bought by Canadian Mall Operator appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate,